Alumasc sells engineering products business APC

  • 29 Jun 2015

For the year ending 30 June 2014, APC generated an operating loss of £1.4 million.

The Group had been seeking a buyer for APC since Autumn 2014, after announcing that the focus of its future strategic development would be to accelerate the growth of its market-leading Building Products activities.

The cash generated from the sale of APC will be used to support the development, including the relocation, modernisation and expansion of its Rainwater & Drainage business, currently located on the same site as APC.

APC’s employees have transferred to Shield under TUPE and Shield has indicated that it intends to invest in and develop the APC business at its current factory near Kettering.

Paul Hooper, Chief Executive of The Alumasc Group, commented: “We are delighted to have concluded the sale of APC to Shield, a company we believe is better positioned than Alumasc to develop the business and its service to customers.

“The divestment of APC will be strongly earnings and cash flow enhancing for Alumasc and will allow the Group to focus on its strategic priority to drive the further profitable growth of its continuing businesses.”

Alumasc Exterior Building Products Ltd.,
White House Works,
Bold Road,
Sutton,
St. Helens,
Merseyside,
United Kingdom,
WA9 4JG

Phone: 01744 648 400

Visit Alumasc Exteriors website

Leave a Reply

More articles

BMI

BMI reveals roofing’s top 20 for the Apprentice of the Year finals

Twenty of the UK’s best roofing apprentices are gearing up for the two-day final that will see two of them awarded BMI Apprentice of the Year 2019 accolades.

Posted in Articles, Awards, Building Associations & Institutes, Building Industry Events, Building Industry News, Building Products & Structures, Posts, Roofs, Training

Geberit and Twyford highlight accessible Doc M solutions in new brochure

Geberit and Twyford have launched a new brochure that includes information on the company’s Doc M offering, simplifying specification of accessible solutions.

Posted in Articles, Bathrooms & Toilets, Bathrooms, Bedrooms & Washrooms, Building Industry News, Building Products & Structures, Building Regulations & Accreditations, Building Services, Innovations & New Products, Interiors, Plumbing, Posts, Publications

UZIN

Innovative UZIN launch new website

UZIN is at the forefront of innovation by harnessing the latest technology, not only to improve and create new products but also to develop its digital services.

Posted in Articles, Building Industry News, Building Products & Structures, Floors, Information Technology, Innovations & New Products, Posts

Closomat discusses the importance of getting toilets right in education

Closomat, Britain’s leading provider of accessible hygiene, discusses how choosing the right toilet facilities can impact the health and wellbeing of pupils.

Posted in Accessibility, Articles, Bathrooms & Toilets, Bathrooms, Bedrooms & Washrooms, Building Industry News, Building Products & Structures, Building Regulations & Accreditations, Building Services, Health & Safety, Interiors, Plumbing, Posts